Beamr video compression achieves up to 50% improvement for AVs
Wilmington, NC—Pierre Naude, a director at nCino, Inc. (NASDAQ:NCNO), recently sold 31,123 shares of the company’s common stock. The transaction, dated April 2, 2025, was filed with the Securities and Exchange Commission. The shares were sold at a price of $20.863 each, amounting to a total of $649,319.
According to the filing, these shares were sold to cover tax withholding obligations due upon the vesting of restricted stock units (RSUs). This type of transaction is mandated by nCino’s equity incentive plans and does not represent a discretionary trade by Naude. Following the sale, Naude retains ownership of 1,066,090 shares in the company. The $2.51 billion market cap company has maintained solid revenue growth of ~13% over the last twelve months, and InvestingPro analysis indicates the stock is currently trading below its Fair Value. Investors can access 12 additional exclusive ProTips and comprehensive valuation metrics through InvestingPro’s detailed research report.
In other recent news, nCino Inc. has reported its fourth fiscal quarter 2025 results, showing a revenue of $141.4 million, a 14% increase from the previous year, slightly exceeding the consensus estimate of $140.9 million. Subscription revenue also rose to $125.0 million, surpassing expectations, though non-GAAP earnings per share fell short due to foreign exchange headwinds. The company’s fiscal year 2026 guidance, however, projected subscription and total revenue approximately 6% below market expectations, which led to significant analyst reactions. UBS reduced its price target for nCino to $30 from $43, maintaining a Buy rating, while Keefe, Bruyette & Woods lowered their target to $28 but kept an Outperform rating. Goldman Sachs downgraded nCino from Buy to Neutral, citing internal execution challenges and a slowdown in commercial and mortgage lending activities, while also cutting the price target to $24 from $42. Needham and Citizens JMP also adjusted their price targets to $28 and $32, respectively, with both firms maintaining positive ratings. Analysts have highlighted both challenges and potential opportunities for nCino, with some seeing the current valuation as an investment opportunity despite the company’s conservative revenue guidance.
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